Colibri Announces $2.2 Million Non-Brokered Financing

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Dieppe, New Brunswick–(Newsfile Corp. – March 29, 2021) – Colibri Resource Corporation (TSXV: CBI) (“Colibri” or the “Company”) is pleased to announce it will be conducting a non-brokered private placement of up to $2,200,000 CAD. The private placement will consist of the issuance of up to 22,000,000 units with each unit consisting of one common share valued at $0.10 and a warrant to purchase an additional common share at an exercise price of $0.15 per share for a period of two years from the closing of the private placement.

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